{"id":49857,"date":"2020-05-13T10:58:48","date_gmt":"2020-05-13T14:58:48","guid":{"rendered":"https:\/\/www.smbtraining.com\/blog\/?p=49857"},"modified":"2020-05-13T10:58:49","modified_gmt":"2020-05-13T14:58:49","slug":"how-to-copy-the-master-traders-so-you-become-one","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/how-to-copy-the-master-traders-so-you-become-one","title":{"rendered":"How to copy the Master Traders (so you become one)"},"content":{"rendered":"

In this video learn how to copy the masters so you become one. Learn the innovative way a junior trader at our proprietary firm copies the trading of one of the firms elite traders to propel his trading development.<\/p>\nView Video Transcript<\/strong><\/span>

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in this video learn how to copy the<\/div>\n<\/div>\n<\/div>\n
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Masters so you become one hi I’m Mike<\/div>\n<\/div>\n<\/div>\n
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bellafiore co-founder of SMB capital and<\/div>\n<\/div>\n<\/div>\n
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we’re a proprietary trading firm located<\/div>\n<\/div>\n<\/div>\n
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in midtown Manhattan and I’m also the<\/div>\n<\/div>\n<\/div>\n
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author of the trading classic one good<\/div>\n<\/div>\n<\/div>\n
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trait and the playbook click our<\/div>\n<\/div>\n<\/div>\n
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subscribe button so you don’t miss any<\/div>\n<\/div>\n<\/div>\n
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of the videos they’re producing for you<\/div>\n<\/div>\n<\/div>\n
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in the trading community learn the<\/div>\n<\/div>\n<\/div>\n
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innovative way a junior trader and our<\/div>\n<\/div>\n<\/div>\n
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proprietary trading firm copies the<\/div>\n<\/div>\n<\/div>\n
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trading of one of the firm’s at elite<\/div>\n<\/div>\n<\/div>\n
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traders to propel his trading<\/div>\n<\/div>\n<\/div>\n
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development so I want to walk through<\/div>\n<\/div>\n<\/div>\n
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something that you were discussing with<\/div>\n<\/div>\n<\/div>\n
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me now the other day which is you go<\/div>\n<\/div>\n<\/div>\n
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back and take a look at how shark has<\/div>\n<\/div>\n<\/div>\n
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traded something and so you look at all<\/div>\n<\/div>\n<\/div>\n
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those executions and you overlay the<\/div>\n<\/div>\n<\/div>\n
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where the stock is actually trading any<\/div>\n<\/div>\n<\/div>\n
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overlay your tape I actually think<\/div>\n<\/div>\n<\/div>\n
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that’s quite innovative<\/div>\n<\/div>\n<\/div>\n
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yeah can you talk through what you and<\/div>\n<\/div>\n<\/div>\n
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Armand do to sort of decode what<\/div>\n<\/div>\n<\/div>\n
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somebody like shark is doing on<\/div>\n<\/div>\n<\/div>\n
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particularly effective trades<\/div>\n<\/div>\n<\/div>\n
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yeah absolutely so you know obviously<\/div>\n<\/div>\n<\/div>\n
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first things first with with with your<\/div>\n<\/div>\n<\/div>\n
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intraday trading you need to be<\/div>\n<\/div>\n<\/div>\n
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recording your screen if you record your<\/div>\n<\/div>\n<\/div>\n
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screen and you have all the important<\/div>\n<\/div>\n<\/div>\n
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information then you have access to that<\/div>\n<\/div>\n<\/div>\n
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data at any point at any time and you<\/div>\n<\/div>\n<\/div>\n
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have an edge over other people because<\/div>\n<\/div>\n<\/div>\n
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what mean or mondieu in particular is<\/div>\n<\/div>\n<\/div>\n
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over the weekend we go through and we<\/div>\n<\/div>\n<\/div>\n
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watch our recordings or screen<\/div>\n<\/div>\n<\/div>\n
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recordings from Monday through Friday<\/div>\n<\/div>\n<\/div>\n
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we watch it on two to three X speed and<\/div>\n<\/div>\n<\/div>\n
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just slow down on areas of interest<\/div>\n<\/div>\n<\/div>\n
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where we think it’s important we walk we<\/div>\n<\/div>\n<\/div>\n
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walk through each other you know<\/div>\n<\/div>\n<\/div>\n
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interesting interesting spots what we<\/div>\n<\/div>\n<\/div>\n
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should have done versus what we did and<\/div>\n<\/div>\n<\/div>\n
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then we write takeaways on each day now<\/div>\n<\/div>\n<\/div>\n
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what we also notice was really useful<\/div>\n<\/div>\n<\/div>\n
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was putting up a ticks window of only<\/div>\n<\/div>\n<\/div>\n
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what shark does and it takes window 4 at<\/div>\n<\/div>\n<\/div>\n
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SMB basically is it’s going to Swan so<\/div>\n<\/div>\n<\/div>\n
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you guys are going back and you’re<\/div>\n<\/div>\n<\/div>\n
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watching the tape of your trading yes<\/div>\n<\/div>\n<\/div>\n
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over the weekend yes<\/div>\n<\/div>\n<\/div>\n
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yeah and I’ve talked about this before<\/div>\n<\/div>\n<\/div>\n
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which is good to be taking notes and<\/div>\n<\/div>\n<\/div>\n
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taking notes of the really important<\/div>\n<\/div>\n<\/div>\n
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introduction points and the most<\/div>\n<\/div>\n<\/div>\n
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important stocks and go back and<\/div>\n<\/div>\n<\/div>\n
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watching tape at those points when<\/div>\n<\/div>\n<\/div>\n
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you’re going back and watching tape what<\/div>\n<\/div>\n<\/div>\n
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are you doing I’m looking for<\/div>\n<\/div>\n<\/div>\n
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patterns that are occurring at areas<\/div>\n<\/div>\n<\/div>\n
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where the stock that’s something that I<\/div>\n<\/div>\n<\/div>\n
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didn’t catch on to in real time so that<\/div>\n<\/div>\n<\/div>\n
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maybe at the open where I can’t just<\/div>\n<\/div>\n<\/div>\n
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watch all three names on the tape I’m<\/div>\n<\/div>\n<\/div>\n
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not experienced enough for that so I’ll<\/div>\n<\/div>\n<\/div>\n
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watch how I could have been what key<\/div>\n<\/div>\n<\/div>\n
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things happen on the tape at the open<\/div>\n<\/div>\n<\/div>\n
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what key things happened during a break<\/div>\n<\/div>\n<\/div>\n
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down and are you going back watching<\/div>\n<\/div>\n<\/div>\n
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black tape are you going back and<\/div>\n<\/div>\n<\/div>\n
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looking at things selectively so you’re<\/div>\n<\/div>\n<\/div>\n
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just rewinding your tape from the open<\/div>\n<\/div>\n<\/div>\n
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on Monday just to clarify what what I’m<\/div>\n<\/div>\n<\/div>\n
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doing is I’m looking for areas in the<\/div>\n<\/div>\n<\/div>\n
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chart where an entry should have been<\/div>\n<\/div>\n<\/div>\n
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identified in real time and I’m going<\/div>\n<\/div>\n<\/div>\n
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back and thinking what happened in what<\/div>\n<\/div>\n<\/div>\n
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pattern occurred him the tape there that<\/div>\n<\/div>\n<\/div>\n
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I should have caught on to in real time<\/div>\n<\/div>\n<\/div>\n
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and then I’m writing a note you’re doing<\/div>\n<\/div>\n<\/div>\n
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what we suggest eternally which is<\/div>\n<\/div>\n<\/div>\n
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you’re keeping track of the really<\/div>\n<\/div>\n<\/div>\n
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important moments yeah and the best<\/div>\n<\/div>\n<\/div>\n
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stocks and then you’re going back and<\/div>\n<\/div>\n<\/div>\n
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you’re watching the tape as much as<\/div>\n<\/div>\n<\/div>\n
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possible at those important moments and<\/div>\n<\/div>\n<\/div>\n
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when you go back and watch the tape at<\/div>\n<\/div>\n<\/div>\n
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those important moments you start to<\/div>\n<\/div>\n<\/div>\n
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recognize the tells that came before the<\/div>\n<\/div>\n<\/div>\n
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big moves you start to improve your tape<\/div>\n<\/div>\n<\/div>\n
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reading skills you start to internalize<\/div>\n<\/div>\n<\/div>\n
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the things you want to see in the tape<\/div>\n<\/div>\n<\/div>\n
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that really drive direction yeah it’s<\/div>\n<\/div>\n<\/div>\n
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exactly right you know it’s it’s not<\/div>\n<\/div>\n<\/div>\n
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just catching on to your own patterns<\/div>\n<\/div>\n<\/div>\n
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instantly you were just touching on just<\/div>\n<\/div>\n<\/div>\n
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a couple minutes ago which is you also<\/div>\n<\/div>\n<\/div>\n
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have to kind of figure out what other<\/div>\n<\/div>\n<\/div>\n
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more experienced tape readers are seeing<\/div>\n<\/div>\n<\/div>\n
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so knowing an attorney that you know one<\/div>\n<\/div>\n<\/div>\n
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of the best tape years of the firm is<\/div>\n<\/div>\n<\/div>\n
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shark what we went ahead and did was<\/div>\n<\/div>\n<\/div>\n
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figure out what he was doing during in a<\/div>\n<\/div>\n<\/div>\n
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trade where we’re very confident he’s<\/div>\n<\/div>\n<\/div>\n
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reading the tape for example something<\/div>\n<\/div>\n<\/div>\n
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like this bxx trade or honestly any of<\/div>\n<\/div>\n<\/div>\n
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his newest trades that are happening<\/div>\n<\/div>\n<\/div>\n
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during the open for example or or into<\/div>\n<\/div>\n<\/div>\n
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the closed<\/div>\n<\/div>\n<\/div>\n
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those are trades what we’ll do is we’ll<\/div>\n<\/div>\n<\/div>\n
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we’ll not just look at the tape but I’ll<\/div>\n<\/div>\n<\/div>\n
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also put on a five-second chart on<\/div>\n<\/div>\n<\/div>\n
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trading view and I’ll pull down the data<\/div>\n<\/div>\n<\/div>\n
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from cloud font which is our our<\/div>\n<\/div>\n<\/div>\n
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technology at SMB and what I’ll do is<\/div>\n<\/div>\n<\/div>\n
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I’ll see what was the reaction<\/div>\n<\/div>\n<\/div>\n
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there what did he see in that moment on<\/div>\n<\/div>\n<\/div>\n
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his execution and will chart his<\/div>\n<\/div>\n<\/div>\n
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executions and we and what we kind of<\/div>\n<\/div>\n<\/div>\n
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you know figured out is that he is he is<\/div>\n<\/div>\n<\/div>\n
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buying as soon as he sees any hint of<\/div>\n<\/div>\n<\/div>\n
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buying pressure in an area where it<\/div>\n<\/div>\n<\/div>\n
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would make sense he has a level you know<\/div>\n<\/div>\n<\/div>\n
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so for example like stock comes into an<\/div>\n<\/div>\n<\/div>\n
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important inflection point and then I<\/div>\n<\/div>\n<\/div>\n
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would see shark start entering a trade<\/div>\n<\/div>\n<\/div>\n
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as soon as there’s any signs of buying<\/div>\n<\/div>\n<\/div>\n
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on the tape and of course I can confirm<\/div>\n<\/div>\n<\/div>\n
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that by looking at the chart to there’s<\/div>\n<\/div>\n<\/div>\n
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just a little bit of a turn even on the<\/div>\n<\/div>\n<\/div>\n
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five second chart and that turn that<\/div>\n<\/div>\n<\/div>\n
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he’s taking he’s taking a lot of risk on<\/div>\n<\/div>\n<\/div>\n
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it and then he’s and then he’s reducing<\/div>\n<\/div>\n<\/div>\n
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immediately and I don’t wanna say a lot<\/div>\n<\/div>\n<\/div>\n
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of risk as if I know exactly his risk<\/div>\n<\/div>\n<\/div>\n
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rameters are but here’s my point is he’s<\/div>\n<\/div>\n<\/div>\n
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taking sighs and then he’s reducing that<\/div>\n<\/div>\n<\/div>\n
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size very quickly and putting himself a<\/div>\n<\/div>\n<\/div>\n
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profit and my point to say this is it’s<\/div>\n<\/div>\n<\/div>\n
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it’s making his trading very forgiving<\/div>\n<\/div>\n<\/div>\n
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in the sense that as soon as he takes<\/div>\n<\/div>\n<\/div>\n
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some money off the table he can keep<\/div>\n<\/div>\n<\/div>\n
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trading this name over and over again<\/div>\n<\/div>\n<\/div>\n
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even though he might be wronged by the<\/div>\n<\/div>\n<\/div>\n
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the overall direction let’s see he’s<\/div>\n<\/div>\n<\/div>\n
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even wrong but the idea of the trade<\/div>\n<\/div>\n<\/div>\n
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he’s still walking out of the name being<\/div>\n<\/div>\n<\/div>\n
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green and I think that’s the key to<\/div>\n<\/div>\n<\/div>\n
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being consistent and trading is if you<\/div>\n<\/div>\n<\/div>\n
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also need to find a way to to to not<\/div>\n<\/div>\n<\/div>\n
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lose in between the big trade you want<\/div>\n<\/div>\n<\/div>\n
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to have enough female mental mental<\/div>\n<\/div>\n<\/div>\n
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energy and you don’t want to be stressed<\/div>\n<\/div>\n<\/div>\n
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when the real trade comes where you’re<\/div>\n<\/div>\n<\/div>\n
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gonna be hitting a big breakdown or you<\/div>\n<\/div>\n<\/div>\n
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know you’re trying to catch the big move<\/div>\n<\/div>\n<\/div>\n
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so it’s what I’ve kind of concluded is<\/div>\n<\/div>\n<\/div>\n
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that is that reading the tape to catch<\/div>\n<\/div>\n<\/div>\n
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good entries I guess even it for a small<\/div>\n<\/div>\n<\/div>\n
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pas a small scalp to put yourself in the<\/div>\n<\/div>\n<\/div>\n
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driver’s seat on the name and doing that<\/div>\n<\/div>\n<\/div>\n
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over and over again until you catch the<\/div>\n<\/div>\n<\/div>\n
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big move until you position yourself for<\/div>\n<\/div>\n<\/div>\n
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the big move you’re going to be in the<\/div>\n<\/div>\n<\/div>\n
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driver’s seat you’re gonna have a lot<\/div>\n<\/div>\n<\/div>\n
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more size and a lot more risk available<\/div>\n<\/div>\n<\/div>\n
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to you so you’re going back and you’re<\/div>\n<\/div>\n<\/div>\n
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literally overlaying the executions that<\/div>\n<\/div>\n<\/div>\n
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shark gets done and using that as a way<\/div>\n<\/div>\n<\/div>\n
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to improve your tape reading skills<\/div>\n<\/div>\n<\/div>\n
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I mean he’s the best trader at the firm<\/div>\n<\/div>\n<\/div>\n
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I don’t see why anybody else isn’t doing<\/div>\n<\/div>\n<\/div>\n
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that yeah it’s just I mean somebody’s<\/div>\n<\/div>\n<\/div>\n
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doing it better than I am<\/div>\n<\/div>\n<\/div>\n
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I have to see how he’s doing it yeah and<\/div>\n<\/div>\n<\/div>\n
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how long does that take you guys over<\/div>\n<\/div>\n<\/div>\n
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the weekend we made it a process we have<\/div>\n<\/div>\n<\/div>\n
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we have a three-hour short session<\/div>\n<\/div>\n<\/div>\n
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almost every weekend at least so and<\/div>\n<\/div>\n<\/div>\n
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that that excludes all the other work<\/div>\n<\/div>\n<\/div>\n
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that we’re doing on our own for our own<\/div>\n<\/div>\n<\/div>\n
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trading so we would go back and figure<\/div>\n<\/div>\n<\/div>\n
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out what we do these days now that the<\/div>\n<\/div>\n<\/div>\n
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vault at ease died down a little bit is<\/div>\n<\/div>\n<\/div>\n
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we we have a sheet of all his best<\/div>\n<\/div>\n<\/div>\n
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trades that he’s putting up a lot of P&L<\/div>\n<\/div>\n<\/div>\n
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and verses in high volatility we were<\/div>\n<\/div>\n<\/div>\n
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doing this on almost every single of the<\/div>\n<\/div>\n<\/div>\n
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Straits but now we just have a sheet of<\/div>\n<\/div>\n<\/div>\n
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his best trades record of his and in<\/div>\n<\/div>\n<\/div>\n
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terms of you know a timestamp and so<\/div>\n<\/div>\n<\/div>\n
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over the weekend we’ll go through and<\/div>\n<\/div>\n<\/div>\n
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it’s almost like now when we go through<\/div>\n<\/div>\n<\/div>\n
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what Trey he’s taken we almost kind of<\/div>\n<\/div>\n<\/div>\n
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like know what to expect because he’s<\/div>\n<\/div>\n<\/div>\n
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still consistent in his in his process<\/div>\n<\/div>\n<\/div>\n
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and his entry style it’s really powerful<\/div>\n<\/div>\n<\/div>\n
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to do it because while replicating isn’t<\/div>\n<\/div>\n<\/div>\n
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very easy I’m at least have a path that<\/div>\n<\/div>\n<\/div>\n
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I know will work if I work hard enough<\/div>\n<\/div>\n<\/div>\n
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of figuring it out why do you think<\/div>\n<\/div>\n<\/div>\n
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replicating it is because it brought out<\/div>\n<\/div>\n<\/div>\n
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replicating isn’t easy because I think<\/div>\n<\/div>\n<\/div>\n
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seeing things in real time versus thing<\/div>\n<\/div>\n<\/div>\n
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seeing things in the past I think<\/div>\n<\/div>\n<\/div>\n
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there’s still a my trading you know even<\/div>\n<\/div>\n<\/div>\n
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though I’m one year into my professional<\/div>\n<\/div>\n<\/div>\n
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career<\/div>\n<\/div>\n<\/div>\n
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I still my my emotions still get in the<\/div>\n<\/div>\n<\/div>\n
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way I’m soaked my judgment is sometimes<\/div>\n<\/div>\n<\/div>\n
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still clouded I would think in very<\/div>\n<\/div>\n<\/div>\n
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important moments and there’s something<\/div>\n<\/div>\n<\/div>\n
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I’m really working on is being a little<\/div>\n<\/div>\n<\/div>\n
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bit more calm being moral collected this<\/div>\n<\/div>\n<\/div>\n
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has been a big factor for me because I’m<\/div>\n<\/div>\n<\/div>\n
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I’ve been trading on a higher time frame<\/div>\n<\/div>\n<\/div>\n
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for the most part you know called the<\/div>\n<\/div>\n<\/div>\n
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the the three to five minute versus I<\/div>\n<\/div>\n<\/div>\n
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know that he’s probably watching that<\/div>\n<\/div>\n<\/div>\n
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you know the one or two minute we’re<\/div>\n<\/div>\n<\/div>\n
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just watching the tape purely sometimes<\/div>\n<\/div>\n<\/div>\n
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and I think the more I practice it the<\/div>\n<\/div>\n<\/div>\n
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more the more calm collected I am during<\/div>\n<\/div>\n<\/div>\n
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his moments I<\/div>\n<\/div>\n<\/div>\n
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I don’t want to say it’s hard as if as<\/div>\n<\/div>\n<\/div>\n
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if as if it’s impossible it’s just hard<\/div>\n<\/div>\n<\/div>\n
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isn’t it requires a lot of work and it<\/div>\n<\/div>\n<\/div>\n
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requires a lot of practice because you<\/div>\n<\/div>\n<\/div>\n
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just need to accept the fact that you’re<\/div>\n<\/div>\n<\/div>\n
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going to lose a lot a lot of times a lot<\/div>\n<\/div>\n<\/div>\n
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of times I shouldn’t see you gonna lose<\/div>\n<\/div>\n<\/div>\n
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a lot of P&L but you know if you size it<\/div>\n<\/div>\n<\/div>\n
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properly even trade it properly you just<\/div>\n<\/div>\n<\/div>\n
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need to accept that you gonna take a lot<\/div>\n<\/div>\n<\/div>\n
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of losers initially yeah I mean looking<\/div>\n<\/div>\n<\/div>\n
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that’s a something he’s working on his<\/div>\n<\/div>\n<\/div>\n
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not drawing down as much but be not<\/div>\n<\/div>\n<\/div>\n
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having as much stress on his trading so<\/div>\n<\/div>\n<\/div>\n
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that is something actively that that he<\/div>\n<\/div>\n<\/div>\n
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personally is working on I will say that<\/div>\n<\/div>\n<\/div>\n
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on his team you know it it’s a huge<\/div>\n<\/div>\n<\/div>\n
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privilege we think the trade at this<\/div>\n<\/div>\n<\/div>\n
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firm it’s a huge privilege we think it<\/div>\n<\/div>\n<\/div>\n
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just is it’s a huge privilege to be able<\/div>\n<\/div>\n<\/div>\n
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to trade on team shark and what we’ve<\/div>\n<\/div>\n<\/div>\n
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recognized is that all of the people on<\/div>\n<\/div>\n<\/div>\n
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Team shark are all positive they all<\/div>\n<\/div>\n<\/div>\n
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make money consistently and guess what<\/div>\n<\/div>\n<\/div>\n
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and we found the shock the thought<\/div>\n<\/div>\n<\/div>\n
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process when we first started teams was<\/div>\n<\/div>\n<\/div>\n
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newer guys would copy the Masters copy<\/div>\n<\/div>\n<\/div>\n
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somebody like shark and then like a mini<\/div>\n<\/div>\n<\/div>\n
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shark and look just do what he’s doing<\/div>\n<\/div>\n<\/div>\n
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because and we know it works out and<\/div>\n<\/div>\n<\/div>\n
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that definitely is a really great way to<\/div>\n<\/div>\n<\/div>\n
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start your trading career in your<\/div>\n<\/div>\n<\/div>\n
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development by copying the Masters but<\/div>\n<\/div>\n<\/div>\n
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what really surprised us was how nobody<\/div>\n<\/div>\n<\/div>\n
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else actually under him could trade like<\/div>\n<\/div>\n<\/div>\n
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him nobody on his team trades the way<\/div>\n<\/div>\n<\/div>\n
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that he trades in fact there are times<\/div>\n<\/div>\n<\/div>\n
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when he’s short and other people are<\/div>\n<\/div>\n<\/div>\n
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scalping the trade long there are times<\/div>\n<\/div>\n<\/div>\n
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when he’s short and and people are just<\/div>\n<\/div>\n<\/div>\n
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long and yet all of these traders are<\/div>\n<\/div>\n<\/div>\n
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finding ways to win over time I would<\/div>\n<\/div>\n<\/div>\n
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say further what was surprising is that<\/div>\n<\/div>\n<\/div>\n
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some of the traders were particularly<\/div>\n<\/div>\n<\/div>\n
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frustrated that they couldn’t read the<\/div>\n<\/div>\n<\/div>\n
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way that he did and then even worse at<\/div>\n<\/div>\n<\/div>\n
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times were frustrated that shark was<\/div>\n<\/div>\n<\/div>\n
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doing certain things that they knew he<\/div>\n<\/div>\n<\/div>\n
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shouldn’t be doing that he had said he<\/div>\n<\/div>\n<\/div>\n
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shouldn’t be doing yet he was still<\/div>\n<\/div>\n<\/div>\n
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doing in real time and then they were<\/div>\n<\/div>\n<\/div>\n
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copying him and getting in trouble and<\/div>\n<\/div>\n<\/div>\n
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so copying the Masters certainly is a<\/div>\n<\/div>\n<\/div>\n
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great way to start he’s a great person<\/div>\n<\/div>\n<\/div>\n
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to mimic he’s a great person to learn<\/div>\n<\/div>\n<\/div>\n
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from but you got to do it the right way<\/div>\n<\/div>\n<\/div>\n
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and copying the Masters means having<\/div>\n<\/div>\n<\/div>\n
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that period of time where you’re being<\/div>\n<\/div>\n<\/div>\n
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exposed to what those those great<\/div>\n<\/div>\n<\/div>\n
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traders are doing and trying those<\/div>\n<\/div>\n<\/div>\n
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traits and seeing the executions and<\/div>\n<\/div>\n<\/div>\n
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seeing how risk is handled and seeing<\/div>\n<\/div>\n<\/div>\n
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how exits are handled and but then you<\/div>\n<\/div>\n<\/div>\n
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have to build your own playbook of<\/div>\n<\/div>\n<\/div>\n
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trades that you can get your personality<\/div>\n<\/div>\n<\/div>\n
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may not be suited to have the draw downs<\/div>\n<\/div>\n<\/div>\n
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that he does and your processing power<\/div>\n<\/div>\n<\/div>\n
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may not be the same as his to be able to<\/div>\n<\/div>\n<\/div>\n
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handle as many different stocks at the<\/div>\n<\/div>\n<\/div>\n
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same time as he does and the way that<\/div>\n<\/div>\n<\/div>\n
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you prefer to trade in terms of time<\/div>\n<\/div>\n<\/div>\n
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frame may be different than the way that<\/div>\n<\/div>\n<\/div>\n
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he looks at markets you mentioned you’re<\/div>\n<\/div>\n<\/div>\n
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looking perhaps at a different time<\/div>\n<\/div>\n<\/div>\n
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frame than him but what I love about<\/div>\n<\/div>\n<\/div>\n
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what you’re doing and I think one of the<\/div>\n<\/div>\n<\/div>\n
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mistakes that people make who are<\/div>\n<\/div>\n<\/div>\n
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copying masters is they conclude it’s<\/div>\n<\/div>\n<\/div>\n
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not actually really effective to copy<\/div>\n<\/div>\n<\/div>\n
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masters because in the end they’re not<\/div>\n<\/div>\n<\/div>\n
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going to trade like those masters it is<\/div>\n<\/div>\n<\/div>\n
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but what you have to take away is how<\/div>\n<\/div>\n<\/div>\n
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they’re thinking through trades which<\/div>\n<\/div>\n<\/div>\n
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have to take away are the things that<\/div>\n<\/div>\n<\/div>\n
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you can use in your trading you have to<\/div>\n<\/div>\n<\/div>\n
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copy the whole thing from soup to nuts<\/div>\n<\/div>\n<\/div>\n
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you can copy two or three things and<\/div>\n<\/div>\n<\/div>\n
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then make four or five and six of the<\/div>\n<\/div>\n<\/div>\n
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trade over all your own you can improve<\/div>\n<\/div>\n<\/div>\n
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certain skills that are very important<\/div>\n<\/div>\n<\/div>\n
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you’re trading like tapereading<\/div>\n<\/div>\n<\/div>\n
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or like technical now<\/div>\n<\/div>\n<\/div>\n
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or like building position sizing that<\/div>\n<\/div>\n<\/div>\n
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that you make your own but are very<\/div>\n<\/div>\n<\/div>\n
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important but it was so surprising that<\/div>\n<\/div>\n<\/div>\n
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everybody aids in the end their own<\/div>\n<\/div>\n<\/div>\n
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system taken from lots of good stuff<\/div>\n<\/div>\n<\/div>\n
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that they learned from him and from us<\/div>\n<\/div>\n<\/div>\n
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but but in the end made their own and I<\/div>\n<\/div>\n<\/div>\n
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do agree with you that at particularly<\/div>\n<\/div>\n<\/div>\n
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the beginning of your career going and<\/div>\n<\/div>\n<\/div>\n
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copying actions decoding what they’re<\/div>\n<\/div>\n<\/div>\n
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doing to learn it’s good just understand<\/div>\n<\/div>\n<\/div>\n
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at the end of the day you’re gonna want<\/div>\n<\/div>\n<\/div>\n
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to make your own for optimal trading<\/div>\n<\/div>\n<\/div>\n
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you’re gonna want to make it your own<\/div>\n<\/div>\n<\/div>\n
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for cognitive and psychological reasons<\/div>\n<\/div>\n<\/div>\n
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but yeah I mean that’s that’s a great<\/div>\n<\/div>\n<\/div>\n
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practice to go through if you want to<\/div>\n<\/div>\n<\/div>\n
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learn three real world setups that our<\/div>\n<\/div>\n<\/div>\n
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traders use including the simple setup<\/div>\n<\/div>\n<\/div>\n
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that we teach all of our new traders and<\/div>\n<\/div>\n<\/div>\n
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the set up that turned one of our<\/div>\n<\/div>\n<\/div>\n
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traders into a seven-figure big money<\/div>\n<\/div>\n<\/div>\n
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earner check out the free webinar that<\/div>\n<\/div>\n<\/div>\n
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we’re currently running just go ahead<\/div>\n<\/div>\n<\/div>\n
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and click the link that should be<\/div>\n<\/div>\n<\/div>\n
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appearing right now at the top right<\/div>\n<\/div>\n<\/div>\n
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hand corner of your screen that’s gonna<\/div>\n<\/div>\n<\/div>\n
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open up this free registration page in<\/div>\n<\/div>\n<\/div>\n
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the new window so don’t worry you’re not<\/div>\n<\/div>\n<\/div>\n
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gonna lose this video you’re gonna learn<\/div>\n<\/div>\n<\/div>\n
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more in a couple of hours from this<\/div>\n<\/div>\n<\/div>\n
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trading workshop then from years of<\/div>\n<\/div>\n<\/div>\n
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online education today we talk my new 52<\/div>\n<\/div>\n<\/div>\n
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week low set up that I took on NC LH<\/div>\n<\/div>\n<\/div>\n
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which was a cruise line name that was<\/div>\n<\/div>\n<\/div>\n
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getting hit during the pandemic that<\/div>\n<\/div>\n<\/div>\n
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were apparently experiencing so the big<\/div>\n<\/div>\n<\/div>\n
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picture market here during this trade is<\/div>\n<\/div>\n<\/div>\n
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a spy had crashed in a 20% while trading<\/div>\n<\/div>\n<\/div>\n
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days big step tripled in in 12 days and<\/div>\n<\/div>\n<\/div>\n
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you know things were just absolutely<\/div>\n<\/div>\n<\/div>\n
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crazy there was wide ranges in the<\/div>\n<\/div>\n<\/div>\n
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market wide spreads and and this just<\/div>\n<\/div>\n<\/div>\n
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offered August a massive opportunity my<\/div>\n<\/div>\n<\/div>\n
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tactic during this time coming in from<\/div>\n<\/div>\n<\/div>\n
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Leatha late February to to all of March<\/div>\n<\/div>\n<\/div>\n
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really was to focus on very high are all<\/div>\n<\/div>\n<\/div>\n
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names on especially travel stocks<\/div>\n<\/div>\n<\/div>\n
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because a lot of institutions understood<\/div>\n<\/div>\n<\/div>\n
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that you know they didn’t know how far<\/div>\n<\/div>\n<\/div>\n
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and how bad the pandemic can get and<\/div>\n<\/div>\n<\/div>\n
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this could potentially put some some<\/div>\n<\/div>\n<\/div>\n
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names that didn’t have the best balance<\/div>\n<\/div>\n<\/div>\n
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sheets in the bankruptcy so in our<\/div>\n<\/div>\n<\/div>\n
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tactic I mean my trading partner our<\/div>\n<\/div>\n<\/div>\n
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tactic was was to look for the highest<\/div>\n<\/div>\n<\/div>\n
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are all names because it’s very noisy<\/div>\n<\/div>\n<\/div>\n
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during a period of time like this where<\/div>\n<\/div>\n<\/div>\n
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everything is getting sold because the<\/div>\n<\/div>\n<\/div>\n
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market is so weak I should say nearly<\/div>\n<\/div>\n<\/div>\n
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everything and you have to be selective<\/div>\n<\/div>\n<\/div>\n
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because there’s going to be an and it’s<\/div>\n<\/div>\n<\/div>\n
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going to offer you a better set up a<\/div>\n<\/div>\n<\/div>\n
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better reward and you know and and more<\/div>\n<\/div>\n<\/div>\n
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institutional involvement we’re just<\/div>\n<\/div>\n<\/div>\n
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going to give you obviously just more<\/div>\n<\/div>\n<\/div>\n
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checks in your favor for your trade so<\/div>\n<\/div>\n<\/div>\n
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you talked about your focus is on high<\/div>\n<\/div>\n<\/div>\n
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\u00e1rbol names we’ve got an overall market<\/div>\n<\/div>\n<\/div>\n
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that’s in play got a market where the<\/div>\n<\/div>\n<\/div>\n
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volatility spiking out but you’re<\/div>\n<\/div>\n<\/div>\n
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looking for high \u00e1rbol names and then<\/div>\n<\/div>\n<\/div>\n
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you say n travel stocks specifically<\/div>\n<\/div>\n<\/div>\n
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\n
affected by the pandemic so my question<\/div>\n<\/div>\n<\/div>\n
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is are you just immediately looking to<\/div>\n<\/div>\n<\/div>\n
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trade the travel stocks or are you<\/div>\n<\/div>\n<\/div>\n
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trading to trade the travel stocks<\/div>\n<\/div>\n<\/div>\n
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because you’re noticing high \u00e1rbol in<\/div>\n<\/div>\n<\/div>\n
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\n
those names yes good question you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
um it’s let me first step back here and<\/div>\n<\/div>\n<\/div>\n
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say that you know a high overall name<\/div>\n<\/div>\n<\/div>\n
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indicate that names in play is very<\/div>\n<\/div>\n<\/div>\n
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interested it’s going to catch my<\/div>\n<\/div>\n<\/div>\n
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interest now because I understand the<\/div>\n<\/div>\n<\/div>\n
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\n
fundamentals of this I’m also going to<\/div>\n<\/div>\n<\/div>\n
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give a stock that is that has you know<\/div>\n<\/div>\n<\/div>\n
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some something along the lines of travel<\/div>\n<\/div>\n<\/div>\n
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more of a check in favor I’m going to<\/div>\n<\/div>\n<\/div>\n
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pay more attention to it when it has a<\/div>\n<\/div>\n<\/div>\n
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higher wall because you know even though<\/div>\n<\/div>\n<\/div>\n
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Apple had IRL high \u00e1rbol I can probably<\/div>\n<\/div>\n<\/div>\n
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\n
tell you that a trader is going to make<\/div>\n<\/div>\n<\/div>\n
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\n
a ton more P&L trading one of these<\/div>\n<\/div>\n<\/div>\n
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cruise liners during its period of time<\/div>\n<\/div>\n<\/div>\n
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because they were specifically affected<\/div>\n<\/div>\n<\/div>\n
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in a different way and seeing my our bow<\/div>\n<\/div>\n<\/div>\n
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on a name in those names and I mean<\/div>\n<\/div>\n<\/div>\n
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astronomical I was I should go is what I<\/div>\n<\/div>\n<\/div>\n
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should say I shouldn’t just say hi are<\/div>\n<\/div>\n<\/div>\n
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born I’m talking really really high<\/div>\n<\/div>\n<\/div>\n
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Oracle that is indicating to me there’s<\/div>\n<\/div>\n<\/div>\n
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institutions that are getting involved<\/div>\n<\/div>\n<\/div>\n
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on a different level there they’re<\/div>\n<\/div>\n<\/div>\n
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really trying to to get out of the name<\/div>\n<\/div>\n<\/div>\n
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because there’s so much so basically<\/div>\n<\/div>\n<\/div>\n
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you’re saying you’re developing a thesis<\/div>\n<\/div>\n<\/div>\n
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the travel<\/div>\n<\/div>\n<\/div>\n
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names are gonna get hit hard and then<\/div>\n<\/div>\n<\/div>\n
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fair to say you’re looking for our ville<\/div>\n<\/div>\n<\/div>\n
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to confirm your thesis yes yes and so if<\/div>\n<\/div>\n<\/div>\n
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our bowl is not elevated are you gonna<\/div>\n<\/div>\n<\/div>\n
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move away from the travel names of<\/div>\n<\/div>\n<\/div>\n
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course I mean just I’m not yeah of<\/div>\n<\/div>\n<\/div>\n
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course I’m not a big institution that<\/div>\n<\/div>\n<\/div>\n
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that’s putting on an idea over you know<\/div>\n<\/div>\n<\/div>\n
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\n
a five-month period you know I’m on an<\/div>\n<\/div>\n<\/div>\n
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intraday trader who needs volume when<\/div>\n<\/div>\n<\/div>\n
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needs<\/div>\n<\/div>\n<\/div>\n
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who needs other involvement to determine<\/div>\n<\/div>\n<\/div>\n
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what where the stock is going to go<\/div>\n<\/div>\n<\/div>\n
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within the next 20 minutes within the<\/div>\n<\/div>\n<\/div>\n
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next 10 minutes and higher our ball<\/div>\n<\/div>\n<\/div>\n
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names are going to be cleaner moves<\/div>\n<\/div>\n<\/div>\n
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better resource ratio setups so yeah<\/div>\n<\/div>\n<\/div>\n
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absolutely our ball is an important<\/div>\n<\/div>\n<\/div>\n
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factor even though I understand the<\/div>\n<\/div>\n<\/div>\n
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fundamentals if<\/div>\n<\/div>\n<\/div>\n
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nch on this day had 0.9 our ball first<\/div>\n<\/div>\n<\/div>\n
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let me tell you you likely wouldn’t have<\/div>\n<\/div>\n<\/div>\n
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\n
made a 52-week low if a head point i<\/div>\n<\/div>\n<\/div>\n
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normal probably not at least and if it<\/div>\n<\/div>\n<\/div>\n
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did it probably was going to do it in<\/div>\n<\/div>\n<\/div>\n
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you know in a fashion that wasn’t going<\/div>\n<\/div>\n<\/div>\n
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to be readable I should say or<\/div>\n<\/div>\n<\/div>\n
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predictable okay so this is this is the<\/div>\n<\/div>\n<\/div>\n
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\n
high packing chart on spy you know as<\/div>\n<\/div>\n<\/div>\n
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\n
you can see we’re in 20 point range on<\/div>\n<\/div>\n<\/div>\n
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spy which is just massive it was causing<\/div>\n<\/div>\n<\/div>\n
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a lot of names to be even out even wider<\/div>\n<\/div>\n<\/div>\n
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ranges you can clearly see you’re gonna<\/div>\n<\/div>\n<\/div>\n
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have to wait eight you know because a<\/div>\n<\/div>\n<\/div>\n
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lot of them move the down moves were<\/div>\n<\/div>\n<\/div>\n
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happening on on gap downs because<\/div>\n<\/div>\n<\/div>\n
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they’re doing some bad news that would<\/div>\n<\/div>\n<\/div>\n
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come out overnight in futures or gap<\/div>\n<\/div>\n<\/div>\n
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down a lot so you know the way to work<\/div>\n<\/div>\n<\/div>\n
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around it to a tape is you need to<\/div>\n<\/div>\n<\/div>\n
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understand you know what is the spy<\/div>\n<\/div>\n<\/div>\n
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\n
gonna be doing intraday because even<\/div>\n<\/div>\n<\/div>\n
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though we’re in we’re in a market that’s<\/div>\n<\/div>\n<\/div>\n
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getting hit hard the downside you also<\/div>\n<\/div>\n<\/div>\n
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need to be cognizant of the fact that<\/div>\n<\/div>\n<\/div>\n
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you’re trading in a massive range and<\/div>\n<\/div>\n<\/div>\n
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there’s still gonna be some great launch<\/div>\n<\/div>\n<\/div>\n
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setups doing this period of time as you<\/div>\n<\/div>\n<\/div>\n
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\n
can see here on this day on the far<\/div>\n<\/div>\n<\/div>\n
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\n
right here you can see spy downtrend all<\/div>\n<\/div>\n<\/div>\n
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day<\/div>\n<\/div>\n<\/div>\n
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this doll is a key factor and me wanting<\/div>\n<\/div>\n<\/div>\n
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to look for a weak name this day biggest<\/div>\n<\/div>\n<\/div>\n
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high timeframe chart as you can see that<\/div>\n<\/div>\n<\/div>\n
\n
\n
this is a big CTF it’s getting bought up<\/div>\n<\/div>\n<\/div>\n
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\n
a lot over the past few days there’s a<\/div>\n<\/div>\n<\/div>\n
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lot of fear a lot of uncertainty<\/div>\n<\/div>\n<\/div>\n
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\n
obviously the the ETF here shows shows<\/div>\n<\/div>\n<\/div>\n
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\n
that pretty clearly it’s not something<\/div>\n<\/div>\n<\/div>\n
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\n
I’m going to use intraday necessarily<\/div>\n<\/div>\n<\/div>\n
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\n
unless I’m trading the product itself<\/div>\n<\/div>\n<\/div>\n
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but it’s it’s you know higher the mix<\/div>\n<\/div>\n<\/div>\n
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that we have the more<\/div>\n<\/div>\n<\/div>\n
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the more volatile moves we’re expecting<\/div>\n<\/div>\n<\/div>\n
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in the more we also understand that<\/div>\n<\/div>\n<\/div>\n
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\n
moves might be more move to move rather<\/div>\n<\/div>\n<\/div>\n
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than just rather than just getting in on<\/div>\n<\/div>\n<\/div>\n
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something and holding it all day also<\/div>\n<\/div>\n<\/div>\n
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\n
important to note that the higher picks<\/div>\n<\/div>\n<\/div>\n
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\n
we have often makes me wearing my sizing<\/div>\n<\/div>\n<\/div>\n
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this is a lesson that I’m sure a lot of<\/div>\n<\/div>\n<\/div>\n
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\n
people learn the hard way definitely<\/div>\n<\/div>\n<\/div>\n
\n
\n
Island Hardaway is you know when you<\/div>\n<\/div>\n<\/div>\n
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have a probably gonna you know likely<\/div>\n<\/div>\n<\/div>\n
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\n
have a wider range you have to adjust<\/div>\n<\/div>\n<\/div>\n
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\n
for that okay so let’s go over the<\/div>\n<\/div>\n<\/div>\n
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\n
relative weakness in the cruise liners<\/div>\n<\/div>\n<\/div>\n
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because there’s a lot of names and<\/div>\n<\/div>\n<\/div>\n
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there’s just a lot of noise during this<\/div>\n<\/div>\n<\/div>\n
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period of time what was interesting to<\/div>\n<\/div>\n<\/div>\n
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\n
me about about the cruise liners is they<\/div>\n<\/div>\n<\/div>\n
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\n
kept hitting my scanners like crazy and<\/div>\n<\/div>\n<\/div>\n
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\n
I mean they were hitting them a little<\/div>\n<\/div>\n<\/div>\n
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\n
bit earlier than when the pandemic<\/div>\n<\/div>\n<\/div>\n
\n
\n
really started picking up in terms of<\/div>\n<\/div>\n<\/div>\n
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\n
hitting the market and I felt that me my<\/div>\n<\/div>\n<\/div>\n
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trading partner were pretty early<\/div>\n<\/div>\n<\/div>\n
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relative to everybody that was kind of<\/div>\n<\/div>\n<\/div>\n
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watching at the firm onto these names<\/div>\n<\/div>\n<\/div>\n
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\n
because of this one key scanner it’s<\/div>\n<\/div>\n<\/div>\n
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\n
called the rhw scan that me my trading<\/div>\n<\/div>\n<\/div>\n
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\n
partner bill that I have shared with<\/div>\n<\/div>\n<\/div>\n
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\n
everybody at SMB and this canner was a<\/div>\n<\/div>\n<\/div>\n
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\n
lifesaver during this period of time<\/div>\n<\/div>\n<\/div>\n
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\n
because there was a ton of names but I<\/div>\n<\/div>\n<\/div>\n
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\n
would I would have to argue for a<\/div>\n<\/div>\n<\/div>\n
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\n
relatively newer trader if you find the<\/div>\n<\/div>\n<\/div>\n
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\n
right names you’re just gonna have any<\/div>\n<\/div>\n<\/div>\n
\n
\n
more forgiving setup<\/div>\n<\/div>\n<\/div>\n
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\n
meaning if you screw something up a<\/div>\n<\/div>\n<\/div>\n
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little bit<\/div>\n<\/div>\n<\/div>\n
\n
\n
you’re still gonna come out with a great<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade if you have the right stock<\/div>\n<\/div>\n<\/div>\n
\n
\n
solution that is and these scanners were<\/div>\n<\/div>\n<\/div>\n
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\n
key to helping me accomplish that so as<\/div>\n<\/div>\n<\/div>\n
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\n
you guys can see is over the past few<\/div>\n<\/div>\n<\/div>\n
\n
\n
weeks what I noticed was you know cici<\/div>\n<\/div>\n<\/div>\n
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\n
out getting you know getting hit early<\/div>\n<\/div>\n<\/div>\n
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\n
on that’s why we spend so much time on<\/div>\n<\/div>\n<\/div>\n
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\n
technology I wrote in one good trade<\/div>\n<\/div>\n<\/div>\n
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\n
you’re only as good as the stocks that<\/div>\n<\/div>\n<\/div>\n
\n
\n
you trade dr. Steinberg and I were doing<\/div>\n<\/div>\n<\/div>\n
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\n
a webinar to Asia recently and he<\/div>\n<\/div>\n<\/div>\n
\n
\n
remarked that one of the things that he<\/div>\n<\/div>\n<\/div>\n
\n
\n
learned from working with SMB that what<\/div>\n<\/div>\n<\/div>\n
\n
\n
you trade is as as important as how you<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade and that one thing we were doing<\/div>\n<\/div>\n<\/div>\n
\n
\n
differently at SMB was finding these<\/div>\n<\/div>\n<\/div>\n
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\n
stocks in play which was making intraday<\/div>\n<\/div>\n<\/div>\n
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\n
trading active trading<\/div>\n<\/div>\n<\/div>\n
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\n
much easier and was making all the<\/div>\n<\/div>\n<\/div>\n
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\n
difference as to<\/div>\n<\/div>\n<\/div>\n
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\n
results and so what you’re saying here<\/div>\n<\/div>\n<\/div>\n
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\n
is I’m building technology to find<\/div>\n<\/div>\n<\/div>\n
\n
\n
stocks play on the best stocks and play<\/div>\n<\/div>\n<\/div>\n
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\n
during this time period and that is<\/div>\n<\/div>\n<\/div>\n
\n
\n
making your job as a trader much easier<\/div>\n<\/div>\n<\/div>\n
\n
\n
yeah no I’m not banking that I’m gonna<\/div>\n<\/div>\n<\/div>\n
\n
\n
come in and be sloppy on the day but I<\/div>\n<\/div>\n<\/div>\n
\n
\n
also want to assume that the stock that<\/div>\n<\/div>\n<\/div>\n
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\n
I’m trading is is good enough to where<\/div>\n<\/div>\n<\/div>\n
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\n
if I if I do make a small error that it<\/div>\n<\/div>\n<\/div>\n
\n
\n
doesn’t it doesn’t cost me and you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
and these names it’s almost like if you<\/div>\n<\/div>\n<\/div>\n
\n
\n
got short anywhere they worked and that<\/div>\n<\/div>\n<\/div>\n
\n
\n
is the point of picking in an easy name<\/div>\n<\/div>\n<\/div>\n
\n
\n
to trade it’s you want to do the hard<\/div>\n<\/div>\n<\/div>\n
\n
\n
work before the market opens you want to<\/div>\n<\/div>\n<\/div>\n
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\n
figure out what’s going to be good<\/div>\n<\/div>\n<\/div>\n
\n
\n
before the market opens and have these<\/div>\n<\/div>\n<\/div>\n
\n
\n
things ready for yourself so that when a<\/div>\n<\/div>\n<\/div>\n
\n
\n
market does open and you have to make a<\/div>\n<\/div>\n<\/div>\n
\n
\n
split-second decision that the stock is<\/div>\n<\/div>\n<\/div>\n
\n
\n
going to just give it to you that’s just<\/div>\n<\/div>\n<\/div>\n
\n
\n
the ideal world scenario it’s not always<\/div>\n<\/div>\n<\/div>\n
\n
\n
like this some some important<\/div>\n<\/div>\n<\/div>\n
\n
\n
fundamentals to go or events eh today’s<\/div>\n<\/div>\n<\/div>\n
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\n
prior the US State Department issued an<\/div>\n<\/div>\n<\/div>\n
\n
\n
official warning saying US students<\/div>\n<\/div>\n<\/div>\n
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\n
should not travel by cruise you know as<\/div>\n<\/div>\n<\/div>\n
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\n
an institution I think they they should<\/div>\n<\/div>\n<\/div>\n
\n
\n
be worried if they’re holding long a<\/div>\n<\/div>\n<\/div>\n
\n
\n
name like this and as an intraday trader<\/div>\n<\/div>\n<\/div>\n
\n
\n
I see this as a massive opportunity you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know they’re literally cutting cutting<\/div>\n<\/div>\n<\/div>\n
\n
\n
of cutting them out of their business<\/div>\n<\/div>\n<\/div>\n
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\n
I’m not sure what else could really go<\/div>\n<\/div>\n<\/div>\n
\n
\n
wrong so and then this wasn’t just the<\/div>\n<\/div>\n<\/div>\n
\n
\n
United States Department might be you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know these these these travel stocks are<\/div>\n<\/div>\n<\/div>\n
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\n
going everywhere and it was many<\/div>\n<\/div>\n<\/div>\n
\n
\n
countries that were drawing port entry<\/div>\n<\/div>\n<\/div>\n
\n
\n
rights to ships preventing passengers<\/div>\n<\/div>\n<\/div>\n
\n
\n
from this is barking I mean this is a<\/div>\n<\/div>\n<\/div>\n
\n
\n
nightmare scenario for these cruise<\/div>\n<\/div>\n<\/div>\n
\n
\n
liners and so they just closed down two<\/div>\n<\/div>\n<\/div>\n
\n
\n
and a half a TRS and on two and a half a<\/div>\n<\/div>\n<\/div>\n
\n
\n
ver Ajmal you mat day which of course is<\/div>\n<\/div>\n<\/div>\n
\n
\n
the you know the epitome what I want to<\/div>\n<\/div>\n<\/div>\n
\n
\n
see on my scanner so it was set to open<\/div>\n<\/div>\n<\/div>\n
\n
\n
with an e TRS 52-week low which of<\/div>\n<\/div>\n<\/div>\n
\n
\n
course me my trading partner before the<\/div>\n<\/div>\n<\/div>\n
\n
\n
open if I know what is going to open<\/div>\n<\/div>\n<\/div>\n
\n
\n
within to be close your eyes because<\/div>\n<\/div>\n<\/div>\n
\n
\n
those are socks I could have potential<\/div>\n<\/div>\n<\/div>\n
\n
\n
on intraday to run towards those lows or<\/div>\n<\/div>\n<\/div>\n
\n
\n
highs and expand that range like to find<\/div>\n<\/div>\n<\/div>\n
\n
\n
find things that will potentially expand<\/div>\n<\/div>\n<\/div>\n
\n
\n
the range are well on the openness nine<\/div>\n<\/div>\n<\/div>\n
\n
\n
and a half and mind you our role is you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know calculated based on the past<\/div>\n<\/div>\n<\/div>\n
\n
\n
days so for this our wall to be nine and<\/div>\n<\/div>\n<\/div>\n
\n
\n
a half that’s crazy to me because when I<\/div>\n<\/div>\n<\/div>\n
\n
\n
show you the chart in a second on the<\/div>\n<\/div>\n<\/div>\n
\n
\n
daily you understand that the volume was<\/div>\n<\/div>\n<\/div>\n
\n
\n
really already thinking up like crazy so<\/div>\n<\/div>\n<\/div>\n
\n
\n
so this was no joke<\/div>\n<\/div>\n<\/div>\n
\n
\n
there was a lot of institutional<\/div>\n<\/div>\n<\/div>\n
\n
\n
movement yeah our goal in 945 is also<\/div>\n<\/div>\n<\/div>\n
\n
\n
interesting to look at just that you can<\/div>\n<\/div>\n<\/div>\n
\n
\n
ensure that it’s not just dropping that<\/div>\n<\/div>\n<\/div>\n
\n
\n
at the open it wasn’t just one<\/div>\n<\/div>\n<\/div>\n
\n
\n
institution coming in is an all-day<\/div>\n<\/div>\n<\/div>\n
\n
\n
thing a tiara meeting three and a half<\/div>\n<\/div>\n<\/div>\n
\n
\n
points good enough for me to work around<\/div>\n<\/div>\n<\/div>\n
\n
\n
the name a virtually long named million<\/div>\n<\/div>\n<\/div>\n
\n
\n
shares that’s a check in favor it means<\/div>\n<\/div>\n<\/div>\n
\n
\n
I can potentially trade this name big if<\/div>\n<\/div>\n<\/div>\n
\n
\n
I need to short cloak 12% on<\/div>\n<\/div>\n<\/div>\n
\n
\n
institutional ownership ninety-two<\/div>\n<\/div>\n<\/div>\n
\n
\n
percent this was interesting of course<\/div>\n<\/div>\n<\/div>\n
\n
\n
because you know institutional order<\/div>\n<\/div>\n<\/div>\n
\n
\n
flow doesn’t cause doesn’t cause small<\/div>\n<\/div>\n<\/div>\n
\n
\n
moves you know there’s very difficult<\/div>\n<\/div>\n<\/div>\n
\n
\n
for an institution to come in difficult<\/div>\n<\/div>\n<\/div>\n
\n
\n
for institution to be nimble I should<\/div>\n<\/div>\n<\/div>\n
\n
\n
say for it to be 92 percent would likely<\/div>\n<\/div>\n<\/div>\n
\n
\n
mean it’s gonna cause an all they move<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know you’re sitting there before the<\/div>\n<\/div>\n<\/div>\n
\n
\n
open and you think that this can be<\/div>\n<\/div>\n<\/div>\n
\n
\n
something that goes down for one to<\/div>\n<\/div>\n<\/div>\n
\n
\n
three days in this case you know you’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
gonna trade this intraday I think that’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
gonna go down low a day finish lowered<\/div>\n<\/div>\n<\/div>\n
\n
\n
day go down directionally for one day<\/div>\n<\/div>\n<\/div>\n
\n
\n
and so you looking at the news news is<\/div>\n<\/div>\n<\/div>\n
\n
\n
no good negative news catalysts okay<\/div>\n<\/div>\n<\/div>\n
\n
\n
looking at longer-term charts okay no<\/div>\n<\/div>\n<\/div>\n
\n
\n
support for a long period of time<\/div>\n<\/div>\n<\/div>\n
\n
\n
looking at our of all our goals real<\/div>\n<\/div>\n<\/div>\n
\n
\n
high are you looking at so you got all<\/div>\n<\/div>\n<\/div>\n
\n
\n
these things that you’re looking at for<\/div>\n<\/div>\n<\/div>\n
\n
\n
whether or not the stuck and finish low<\/div>\n<\/div>\n<\/div>\n
\n
\n
a day anything else you’re looking at<\/div>\n<\/div>\n<\/div>\n
\n
\n
that that we didn’t mention um you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
obviously of course like we talked about<\/div>\n<\/div>\n<\/div>\n
\n
\n
the opening our ball and you know what<\/div>\n<\/div>\n<\/div>\n
\n
\n
is the daily you know of course in this<\/div>\n<\/div>\n<\/div>\n
\n
\n
case overextended so you know I don’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
want to be too too too bearish at the<\/div>\n<\/div>\n<\/div>\n
\n
\n
lows but also be cognizant and be a<\/div>\n<\/div>\n<\/div>\n
\n
\n
realist of where this stock can end up<\/div>\n<\/div>\n<\/div>\n
\n
\n
it’s a you know it’s gone from from 62<\/div>\n<\/div>\n<\/div>\n
\n
\n
dollars all the way down to you know to<\/div>\n<\/div>\n<\/div>\n
\n
\n
17 dollars you know so so maybe you’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
not trying to swing trade the same<\/div>\n<\/div>\n<\/div>\n
\n
\n
necessarily to the downside anymore you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know things at $50 gets sold much easier<\/div>\n<\/div>\n<\/div>\n
\n
\n
than something at you know at $10 I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
looking at how oversold it is but I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
also stressed trying to stay realistic<\/div>\n<\/div>\n<\/div>\n
\n
\n
about this<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know it’s a name that could go<\/div>\n<\/div>\n<\/div>\n
\n
\n
bankrupt potentially it’s at all-time<\/div>\n<\/div>\n<\/div>\n
\n
\n
lows not just 52 we close I should have<\/div>\n<\/div>\n<\/div>\n
\n
\n
mentioned that so yeah I mean various<\/div>\n<\/div>\n<\/div>\n
\n
\n
factors but most importantly the factors<\/div>\n<\/div>\n<\/div>\n
\n
\n
that I brought up and those factors put<\/div>\n<\/div>\n<\/div>\n
\n
\n
together are enough to put a put<\/div>\n<\/div>\n<\/div>\n
\n
\n
together a good trade a great trade so<\/div>\n<\/div>\n<\/div>\n
\n
\n
here’s the interview chart on the<\/div>\n<\/div>\n<\/div>\n
\n
\n
15-minute time frame you can see here<\/div>\n<\/div>\n<\/div>\n
\n
\n
that the range is master we’re talking<\/div>\n<\/div>\n<\/div>\n
\n
\n
23% from the prior day all the way down<\/div>\n<\/div>\n<\/div>\n
\n
\n
to you know 217 points you know from<\/div>\n<\/div>\n<\/div>\n
\n
\n
from 22 points on an intraday basis you<\/div>\n<\/div>\n<\/div>\n
\n
\n
see a big buyer stepped up that the<\/div>\n<\/div>\n<\/div>\n
\n
\n
prior day as well that kind of pushed<\/div>\n<\/div>\n<\/div>\n
\n
\n
the name back up this created for a<\/div>\n<\/div>\n<\/div>\n
\n
\n
really good set up because when the<\/div>\n<\/div>\n<\/div>\n
\n
\n
stock closes two days in a row at the<\/div>\n<\/div>\n<\/div>\n
\n
\n
low of the day you start questioning on<\/div>\n<\/div>\n<\/div>\n
\n
\n
the third day whether it can go lower so<\/div>\n<\/div>\n<\/div>\n
\n
\n
what was key about this name on this day<\/div>\n<\/div>\n<\/div>\n
\n
\n
is this setup from the prior day it was<\/div>\n<\/div>\n<\/div>\n
\n
\n
relatively weak the first day and the<\/div>\n<\/div>\n<\/div>\n
\n
\n
second day it was it was holding within<\/div>\n<\/div>\n<\/div>\n
\n
\n
that range so that is key to you know if<\/div>\n<\/div>\n<\/div>\n
\n
\n
have closed down at 15 points I don’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
know if I would have been as excited<\/div>\n<\/div>\n<\/div>\n
\n
\n
about the short I should say but the<\/div>\n<\/div>\n<\/div>\n
\n
\n
fact that it that it had come back up<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know tells me it’s some some buyer<\/div>\n<\/div>\n<\/div>\n
\n
\n
stepped in they’re gonna have to get out<\/div>\n<\/div>\n<\/div>\n
\n
\n
you can see by the way in the free<\/div>\n<\/div>\n<\/div>\n
\n
\n
market here the importance note it’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
already below yesterday’s close you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
and that is a level that I’ll use to<\/div>\n<\/div>\n<\/div>\n
\n
\n
kind of determine for myself where the<\/div>\n<\/div>\n<\/div>\n
\n
\n
buyers are from yesterday you know along<\/div>\n<\/div>\n<\/div>\n
\n
\n
with today view up obviously where they<\/div>\n<\/div>\n<\/div>\n
\n
\n
stand because you know if it’s below<\/div>\n<\/div>\n<\/div>\n
\n
\n
yesterday’s close then the people from<\/div>\n<\/div>\n<\/div>\n
\n
\n
yesterday are taking heat that’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
obviously good if you’re if you’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
looking to shorts Albany I know another<\/div>\n<\/div>\n<\/div>\n
\n
\n
important thing which I think we<\/div>\n<\/div>\n<\/div>\n
\n
\n
mentioned intraday fundamentals but I’d<\/div>\n<\/div>\n<\/div>\n
\n
\n
like to show here is you can see here<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know it was opening you know at 19<\/div>\n<\/div>\n<\/div>\n
\n
\n
and a half and 52 we close were right<\/div>\n<\/div>\n<\/div>\n
\n
\n
around 1710 so again within an ATR of<\/div>\n<\/div>\n<\/div>\n
\n
\n
that so I’m gonna look for a set up to<\/div>\n<\/div>\n<\/div>\n
\n
\n
break and expand the range you know past<\/div>\n<\/div>\n<\/div>\n
\n
\n
52 we close so I have some criteria<\/div>\n<\/div>\n<\/div>\n
\n
\n
though I’ll look over in the morning<\/div>\n<\/div>\n<\/div>\n
\n
\n
because obviously I trade tons of<\/div>\n<\/div>\n<\/div>\n
\n
\n
different setups and obviously to avoid<\/div>\n<\/div>\n<\/div>\n
\n
\n
sloppy trading you have to go over what<\/div>\n<\/div>\n<\/div>\n
\n
\n
did you do best last time you traded a<\/div>\n<\/div>\n<\/div>\n
\n
\n
setup like this<\/div>\n<\/div>\n<\/div>\n
\n
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so in this case here in my rules um you<\/div>\n<\/div>\n<\/div>\n
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know first I need identify a stock with<\/div>\n<\/div>\n<\/div>\n
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employee with recent fundamental<\/div>\n<\/div>\n<\/div>\n
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catalysts opening within each of the two<\/div>\n<\/div>\n<\/div>\n
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we glow again and CH covers all that we<\/div>\n<\/div>\n<\/div>\n
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were to talk about why Washburn<\/div>\n<\/div>\n<\/div>\n
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consolidation to break down on the open<\/div>\n<\/div>\n<\/div>\n
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towards me to be both take an additional<\/div>\n<\/div>\n<\/div>\n
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entry anticipating the break watch for<\/div>\n<\/div>\n<\/div>\n
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consolidation and the lows to provide<\/div>\n<\/div>\n<\/div>\n
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another opportunity for that range<\/div>\n<\/div>\n<\/div>\n
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expansion and that is a key part right<\/div>\n<\/div>\n<\/div>\n
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there because it’s interesting to trade<\/div>\n<\/div>\n<\/div>\n
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the name from open price down if the to<\/div>\n<\/div>\n<\/div>\n
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e globe<\/div>\n<\/div>\n<\/div>\n
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that’s what your home run your home run<\/div>\n<\/div>\n<\/div>\n
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is when you get it to expand the range<\/div>\n<\/div>\n<\/div>\n
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where there’s no buyers below the<\/div>\n<\/div>\n<\/div>\n
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52-week low<\/div>\n<\/div>\n<\/div>\n
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there’s no sellers limit 52-week high<\/div>\n<\/div>\n<\/div>\n
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that is a range it’s going to expand and<\/div>\n<\/div>\n<\/div>\n
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keep expanding most likely if that’s a<\/div>\n<\/div>\n<\/div>\n
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good reason to at least and of course<\/div>\n<\/div>\n<\/div>\n
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xmo Lawson over extensions and hold a<\/div>\n<\/div>\n<\/div>\n
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core anticipating a close to load a why<\/div>\n<\/div>\n<\/div>\n
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do I say take normal Lots off over<\/div>\n<\/div>\n<\/div>\n
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extensions it’s because we’re a nimble<\/div>\n<\/div>\n<\/div>\n
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we have capital that we can a lot of<\/div>\n<\/div>\n<\/div>\n
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capitals we can put in and out of the<\/div>\n<\/div>\n<\/div>\n
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market that could that could generate a<\/div>\n<\/div>\n<\/div>\n
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lot of piano and of course all the poor<\/div>\n<\/div>\n<\/div>\n
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you know not only protects you from<\/div>\n<\/div>\n<\/div>\n
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potential sloppy moe trade that you know<\/div>\n<\/div>\n<\/div>\n
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but it puts you in a position where<\/div>\n<\/div>\n<\/div>\n
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where you know you’re putting out P&L as<\/div>\n<\/div>\n<\/div>\n
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you’re making you know your mo trades<\/div>\n<\/div>\n<\/div>\n
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because of course stocks I’m going one<\/div>\n<\/div>\n<\/div>\n
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direction most times at least it’s good<\/div>\n<\/div>\n<\/div>\n
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to have a core position that that you<\/div>\n<\/div>\n<\/div>\n
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know put on an idea trade you know<\/div>\n<\/div>\n<\/div>\n
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intraday it takes a while to develop on<\/div>\n<\/div>\n<\/div>\n
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\n
confident idea trades and you know trade<\/div>\n<\/div>\n<\/div>\n
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like this seem pretty obvious to me to<\/div>\n<\/div>\n<\/div>\n
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put on as an intraday idea trade<\/div>\n<\/div>\n<\/div>\n
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especially who is gonna was if it was<\/div>\n<\/div>\n<\/div>\n
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gonna all blows to me globe here is the<\/div>\n<\/div>\n<\/div>\n
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opening consolidation that we were<\/div>\n<\/div>\n<\/div>\n
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hoping for it NCH I was open for<\/div>\n<\/div>\n<\/div>\n
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different scenarios just to clarify but<\/div>\n<\/div>\n<\/div>\n
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this is my favorite scenario because I<\/div>\n<\/div>\n<\/div>\n
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have I haven’t paid the fine stop I have<\/div>\n<\/div>\n<\/div>\n
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clear levels of risk off both and the<\/div>\n<\/div>\n<\/div>\n
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break of it is as clear as it can get<\/div>\n<\/div>\n<\/div>\n
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you know I’m getting the volume<\/div>\n<\/div>\n<\/div>\n
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expansion that I want to see nearly as<\/div>\n<\/div>\n<\/div>\n
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big as the entry volume of formation<\/div>\n<\/div>\n<\/div>\n
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which is the open volume this to me is a<\/div>\n<\/div>\n<\/div>\n
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\n
key set up I mean my heart races even<\/div>\n<\/div>\n<\/div>\n
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looking at this chart right here in<\/div>\n<\/div>\n<\/div>\n
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replay mode because I would I would<\/div>\n<\/div>\n<\/div>\n
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short this now with you know with my<\/div>\n<\/div>\n<\/div>\n
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full intraday risk if I could because<\/div>\n<\/div>\n<\/div>\n
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it’s clear to me this is something you<\/div>\n<\/div>\n<\/div>\n
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know as long as the tape is getting sold<\/div>\n<\/div>\n<\/div>\n
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down here and as long as the chart looks<\/div>\n<\/div>\n<\/div>\n
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like this this is a key setup for me to<\/div>\n<\/div>\n<\/div>\n
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put up you know a lot of you know know<\/div>\n<\/div>\n<\/div>\n
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what specifically about that get your<\/div>\n<\/div>\n<\/div>\n
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heart racing you know when you do really<\/div>\n<\/div>\n<\/div>\n
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\n
so when you look at a chart like that<\/div>\n<\/div>\n<\/div>\n
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\n
and that is your reaction that’s an<\/div>\n<\/div>\n<\/div>\n
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important observation and to me it’s<\/div>\n<\/div>\n<\/div>\n
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saying something even more important<\/div>\n<\/div>\n<\/div>\n
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which is like this just all makes sense<\/div>\n<\/div>\n<\/div>\n
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\n
to me lots of different ways to trade<\/div>\n<\/div>\n<\/div>\n
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this setup right here makes sense to you<\/div>\n<\/div>\n<\/div>\n
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this setup right here just something you<\/div>\n<\/div>\n<\/div>\n
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\n
see yourself being able to trade with<\/div>\n<\/div>\n<\/div>\n
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\n
more sighs this trade right here is<\/div>\n<\/div>\n<\/div>\n
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\n
something that you see can build upon<\/div>\n<\/div>\n<\/div>\n
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\n
and help you to improve in your trading<\/div>\n<\/div>\n<\/div>\n
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\n
career this is an a-plus setup for you<\/div>\n<\/div>\n<\/div>\n
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\n
what is it about it<\/div>\n<\/div>\n<\/div>\n
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\n
so what gets your heart racing about<\/div>\n<\/div>\n<\/div>\n
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this trade what I love so much about<\/div>\n<\/div>\n<\/div>\n
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\n
this trade is is that there was a clear<\/div>\n<\/div>\n<\/div>\n
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fight at the open or for a directional<\/div>\n<\/div>\n<\/div>\n
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move to happen what I like to see about<\/div>\n<\/div>\n<\/div>\n
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these moves is that it’s not just going<\/div>\n<\/div>\n<\/div>\n
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off the open and getting sold<\/div>\n<\/div>\n<\/div>\n
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immediately because that doesn’t give me<\/div>\n<\/div>\n<\/div>\n
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as great verse toward set up what this<\/div>\n<\/div>\n<\/div>\n
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shows me is people fighting a little bit<\/div>\n<\/div>\n<\/div>\n
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somebody was trying to come and step in<\/div>\n<\/div>\n<\/div>\n
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and may be trying to value buy it or you<\/div>\n<\/div>\n<\/div>\n
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know or some retailers are coming in or<\/div>\n<\/div>\n<\/div>\n
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whatever it was there there wasn’t yet<\/div>\n<\/div>\n<\/div>\n
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that big sell signal yet and when I when<\/div>\n<\/div>\n<\/div>\n
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I get a consolidation at the open that<\/div>\n<\/div>\n<\/div>\n
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doesn’t break for a half hour I know I’m<\/div>\n<\/div>\n<\/div>\n
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getting set up for a big day and as soon<\/div>\n<\/div>\n<\/div>\n
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as it breaks with volume my confidence<\/div>\n<\/div>\n<\/div>\n
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\n
level shoots through the roof because I<\/div>\n<\/div>\n<\/div>\n
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\n
backed us at this trade I’ve seen this<\/div>\n<\/div>\n<\/div>\n
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trade many times I’ve looked through my<\/div>\n<\/div>\n<\/div>\n
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trader view and I know that this is the<\/div>\n<\/div>\n<\/div>\n
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trade got to your heart so your heart is<\/div>\n<\/div>\n<\/div>\n
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racing and it should be your heart is<\/div>\n<\/div>\n<\/div>\n
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racing because this is a trade where you<\/div>\n<\/div>\n<\/div>\n
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do have edge and is meaningful to you a<\/div>\n<\/div>\n<\/div>\n
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really important thing you got to do<\/div>\n<\/div>\n<\/div>\n
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\n
with the trade like this you have do<\/div>\n<\/div>\n<\/div>\n
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duper important is you got to make sure<\/div>\n<\/div>\n<\/div>\n
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that you had enough size on for this<\/div>\n<\/div>\n<\/div>\n
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tray<\/div>\n<\/div>\n<\/div>\n
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you got to go back and judge yourself<\/div>\n<\/div>\n<\/div>\n
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\n
pretty harshly hold yourself to high<\/div>\n<\/div>\n<\/div>\n
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standards as to whether or not you did<\/div>\n<\/div>\n<\/div>\n
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have the amount of risk on for this<\/div>\n<\/div>\n<\/div>\n
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trade that you should have we talked<\/div>\n<\/div>\n<\/div>\n
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about doing daily report cards we talked<\/div>\n<\/div>\n<\/div>\n
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about working on our sizing lots of<\/div>\n<\/div>\n<\/div>\n
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people say lots of things in the<\/div>\n<\/div>\n<\/div>\n
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internet about sizing<\/div>\n<\/div>\n<\/div>\n
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well good sizing starts from your best<\/div>\n<\/div>\n<\/div>\n
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trades and it starts from hey did I<\/div>\n<\/div>\n<\/div>\n
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really have enough risk on for this<\/div>\n<\/div>\n<\/div>\n
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particular trade judge myself great<\/div>\n<\/div>\n<\/div>\n
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myself on a specific trade like this as<\/div>\n<\/div>\n<\/div>\n
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to whether or not you did and if you<\/div>\n<\/div>\n<\/div>\n
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\n
didn’t go back and visualize yourself<\/div>\n<\/div>\n<\/div>\n
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\n
having that really big size having that<\/div>\n<\/div>\n<\/div>\n
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full risk on hold yourself accountable<\/div>\n<\/div>\n<\/div>\n
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with your trickin partner to say hey<\/div>\n<\/div>\n<\/div>\n
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\n
next time I see a trade like this or one<\/div>\n<\/div>\n<\/div>\n
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\n
of my eight plus trades I’m gonna have<\/div>\n<\/div>\n<\/div>\n
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\n
max risk off gotta have it on I have to<\/div>\n<\/div>\n<\/div>\n
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\n
have it on I deserve to have it on if<\/div>\n<\/div>\n<\/div>\n
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\n
I’m gonna be the trader I want to be and<\/div>\n<\/div>\n<\/div>\n
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\n
I’m gonna be as good as I possibly can<\/div>\n<\/div>\n<\/div>\n
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\n
be as a trader<\/div>\n<\/div>\n<\/div>\n
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I got a habit on my heart my heart’s<\/div>\n<\/div>\n<\/div>\n
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\n
racing for a reason now what nonsense<\/div>\n<\/div>\n<\/div>\n
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\n
isin a new low after 10 a.m. in stock<\/div>\n<\/div>\n<\/div>\n
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\n
exclaiming expand the range the sellers<\/div>\n<\/div>\n<\/div>\n
\n
\n
won in this in this fight that we had at<\/div>\n<\/div>\n<\/div>\n
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\n
the open you have a good risk to reward<\/div>\n<\/div>\n<\/div>\n
\n
\n
ratio set up here a clearly-defined stop<\/div>\n<\/div>\n<\/div>\n
\n
\n
if it was going to get back above if it<\/div>\n<\/div>\n<\/div>\n
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\n
was gonna get back up a breaking candle<\/div>\n<\/div>\n<\/div>\n
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\n
or above the high a day this trade was<\/div>\n<\/div>\n<\/div>\n
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\n
wrong and you boy I should I should be<\/div>\n<\/div>\n<\/div>\n
\n
\n
looking this name anymore but the volume<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know the timing of the tree the<\/div>\n<\/div>\n<\/div>\n
\n
\n
pattern everything to me lines up for a<\/div>\n<\/div>\n<\/div>\n
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\n
short I have to be getting short as it<\/div>\n<\/div>\n<\/div>\n
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\n
breaks the low a day after getting short<\/div>\n<\/div>\n<\/div>\n
\n
\n
once the once the five-minute can I’ll<\/div>\n<\/div>\n<\/div>\n
\n
\n
close the bellows with that type of<\/div>\n<\/div>\n<\/div>\n
\n
\n
volume after beginning short when I see<\/div>\n<\/div>\n<\/div>\n
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\n
that when I see the lower they breaking<\/div>\n<\/div>\n<\/div>\n
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\n
on the tape when I see the tape speeding<\/div>\n<\/div>\n<\/div>\n
\n
\n
up every signal that every signal that I<\/div>\n<\/div>\n<\/div>\n
\n
\n
have seen in the past as a technical<\/div>\n<\/div>\n<\/div>\n
\n
\n
indicator for me should now come into<\/div>\n<\/div>\n<\/div>\n
\n
\n
play you see the bottom come in you like<\/div>\n<\/div>\n<\/div>\n
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\n
to set up a plus set up and you’re gonna<\/div>\n<\/div>\n<\/div>\n
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hit into it as going down but you want<\/div>\n<\/div>\n<\/div>\n
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\n
to be thinking about other things as<\/div>\n<\/div>\n<\/div>\n
\n
\n
well to get your full-size which is what<\/div>\n<\/div>\n<\/div>\n
\n
\n
but the shark does pretty well all right<\/div>\n<\/div>\n<\/div>\n
\n
\n
so one way to get in as you get in into<\/div>\n<\/div>\n<\/div>\n
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\n
the dab move yeah all right so that’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
that’s a way to get into some of it yeah<\/div>\n<\/div>\n<\/div>\n
\n
\n
and how did he get into more of it well<\/div>\n<\/div>\n<\/div>\n
\n
\n
I mean there’s a variety of indicators<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’re going to use so of course if I see<\/div>\n<\/div>\n<\/div>\n
\n
\n
a big bar on the tape that breaks you<\/div>\n<\/div>\n<\/div>\n
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\n
know I see below it if I if I see some<\/div>\n<\/div>\n<\/div>\n
\n
\n
type of some type of you know a large<\/div>\n<\/div>\n<\/div>\n
\n
\n
bit that’s getting hit and getting yeah<\/div>\n<\/div>\n<\/div>\n
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\n
I mean look if you if you’d like this<\/div>\n<\/div>\n<\/div>\n
\n
\n
set up you hit it you see the volume<\/div>\n<\/div>\n<\/div>\n
\n
\n
comes in you like to push away from<\/div>\n<\/div>\n<\/div>\n
\n
\n
price you like the way it’s acting you<\/div>\n<\/div>\n<\/div>\n
\n
\n
also want to leave some rim too short<\/div>\n<\/div>\n<\/div>\n
\n
\n
the pops if you if you get in with tier<\/div>\n<\/div>\n<\/div>\n
\n
\n
1 or tier 2 and then you like the way to<\/div>\n<\/div>\n<\/div>\n
\n
\n
act it you may say to yourself hey let<\/div>\n<\/div>\n<\/div>\n
\n
\n
me say some risk<\/div>\n<\/div>\n<\/div>\n
\n
\n
let me short the pop somebody sure to<\/div>\n<\/div>\n<\/div>\n
\n
\n
lower high but your your mindset shifts<\/div>\n<\/div>\n<\/div>\n
\n
\n
to putting on more risk because you like<\/div>\n<\/div>\n<\/div>\n
\n
\n
the way that it act it’s a very good<\/div>\n<\/div>\n<\/div>\n
\n
\n
point because if you’re confident with<\/div>\n<\/div>\n<\/div>\n
\n
\n
the trait then as it moves up it’s just<\/div>\n<\/div>\n<\/div>\n
\n
\n
gonna be a better price for you short<\/div>\n<\/div>\n<\/div>\n
\n
\n
this is something I need to work on am I<\/div>\n<\/div>\n<\/div>\n
\n
\n
kind of SSM bie I think the least thing<\/div>\n<\/div>\n<\/div>\n
\n
\n
I’ve done is is is work on getting an<\/div>\n<\/div>\n<\/div>\n
\n
\n
entry that’s countering the move and<\/div>\n<\/div>\n<\/div>\n
\n
\n
obviously fighting for pricing I work<\/div>\n<\/div>\n<\/div>\n
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\n
for very hard there’s some key things<\/div>\n<\/div>\n<\/div>\n
\n
\n
that the best traders do SN be done very<\/div>\n<\/div>\n<\/div>\n
\n
\n
aware of that I need to put into my my<\/div>\n<\/div>\n<\/div>\n
\n
\n
trading that I think will make me 10x<\/div>\n<\/div>\n<\/div>\n
\n
\n
better trader because that’s the type of<\/div>\n<\/div>\n<\/div>\n
\n
\n
risk better board that you have when<\/div>\n<\/div>\n<\/div>\n
\n
\n
when a stock you know it comes into a<\/div>\n<\/div>\n<\/div>\n
\n
\n
price like like short bits you know when<\/div>\n<\/div>\n<\/div>\n
\n
\n
I look at his trades and I look at them<\/div>\n<\/div>\n<\/div>\n
\n
\n
very closely it’s important to note that<\/div>\n<\/div>\n<\/div>\n
\n
\n
he’s comfortable trading near near his<\/div>\n<\/div>\n<\/div>\n
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\n
stop and I shouldn’t say near her stop<\/div>\n<\/div>\n<\/div>\n
\n
\n
as if I know where his stop that<\/div>\n<\/div>\n<\/div>\n
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\n
specifically is but I can tell he’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
trading somewhere where it’s a it’s a<\/div>\n<\/div>\n<\/div>\n
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\n
I’m gonna say you know it’s a<\/div>\n<\/div>\n<\/div>\n
\n
\n
technically a less risky area based off<\/div>\n<\/div>\n<\/div>\n
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\n
your ward but it’s a more heart it’s an<\/div>\n<\/div>\n<\/div>\n
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\n
area of less confirmation in sense<\/div>\n<\/div>\n<\/div>\n
\n
\n
that’s a little bit difficult for me but<\/div>\n<\/div>\n<\/div>\n
\n
\n
this may need to work on we’re working<\/div>\n<\/div>\n<\/div>\n
\n
\n
on the trade here we get a big extension<\/div>\n<\/div>\n<\/div>\n
\n
\n
into the 52 we close this is the price<\/div>\n<\/div>\n<\/div>\n
\n
\n
that I’m watching 17.9 $17 a really<\/div>\n<\/div>\n<\/div>\n
\n
\n
I’m watching the sea is this gonna make<\/div>\n<\/div>\n<\/div>\n
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\n
new lows are we gonna see a big bounce<\/div>\n<\/div>\n<\/div>\n
\n
\n
or we’re gonna get a consolidation if<\/div>\n<\/div>\n<\/div>\n
\n
\n
this is an area where I need to be<\/div>\n<\/div>\n<\/div>\n
\n
\n
sitting in my desk and watching very<\/div>\n<\/div>\n<\/div>\n
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\n
intently you know what is what is gonna<\/div>\n<\/div>\n<\/div>\n
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\n
happen next<\/div>\n<\/div>\n<\/div>\n
\n
\n
of course here I’m taking off a lot of<\/div>\n<\/div>\n<\/div>\n
\n
\n
my risk from the consolidation break<\/div>\n<\/div>\n<\/div>\n
\n
\n
because I’m not worried that I’m gonna<\/div>\n<\/div>\n<\/div>\n
\n
\n
miss them you know on the break of the<\/div>\n<\/div>\n<\/div>\n
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\n
low because that’s Ted I’m on stalking<\/div>\n<\/div>\n<\/div>\n
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\n
all day so I feel comfortable being out<\/div>\n<\/div>\n<\/div>\n
\n
\n
nearly 90% of my short and you know in<\/div>\n<\/div>\n<\/div>\n
\n
\n
holding my holding my core here because<\/div>\n<\/div>\n<\/div>\n
\n
\n
what’s important for me is that you know<\/div>\n<\/div>\n<\/div>\n
\n
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that I lock in these profits and then I<\/div>\n<\/div>\n<\/div>\n
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use them to get back in when I see the<\/div>\n<\/div>\n<\/div>\n
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next set up I want to see the next set<\/div>\n<\/div>\n<\/div>\n
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up that I like so obviously as you can<\/div>\n<\/div>\n<\/div>\n
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see here NCH had come into the 52 we<\/div>\n<\/div>\n<\/div>\n
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closed after opening up and failing<\/div>\n<\/div>\n<\/div>\n
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through an opening pattern we had a pop<\/div>\n<\/div>\n<\/div>\n
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into view ah this is pop that I missed<\/div>\n<\/div>\n<\/div>\n
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the short on something I’m trying to<\/div>\n<\/div>\n<\/div>\n
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work on in my trading we talked about<\/div>\n<\/div>\n<\/div>\n
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Bella which is something that shark does<\/div>\n<\/div>\n<\/div>\n
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really really well is you know watching<\/div>\n<\/div>\n<\/div>\n
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for the tape to flip you know near an<\/div>\n<\/div>\n<\/div>\n
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area of resistance near an area of<\/div>\n<\/div>\n<\/div>\n
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interest at least what I mean by the<\/div>\n<\/div>\n<\/div>\n
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tape flipping is basically when you<\/div>\n<\/div>\n<\/div>\n
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noticed for the first time you know<\/div>\n<\/div>\n<\/div>\n
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sellers taking back control of the name<\/div>\n<\/div>\n<\/div>\n
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and that’s where you have an opportunity<\/div>\n<\/div>\n<\/div>\n
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to risk very very little on a take turn<\/div>\n<\/div>\n<\/div>\n
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but with the pattern continuation liquid<\/div>\n<\/div>\n<\/div>\n
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cruises talked about Department to be<\/div>\n<\/div>\n<\/div>\n
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off was very short able again I think in<\/div>\n<\/div>\n<\/div>\n
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the future I’ll be looking to do is be<\/div>\n<\/div>\n<\/div>\n
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more focused on on finding the turn not<\/div>\n<\/div>\n<\/div>\n
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you know on the table of course and you<\/div>\n<\/div>\n<\/div>\n
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know in there your resistance where I<\/div>\n<\/div>\n<\/div>\n
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can be getting big against a tight stop<\/div>\n<\/div>\n<\/div>\n
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especially when this dog is acting clean<\/div>\n<\/div>\n<\/div>\n
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I think the number one thing is as soon<\/div>\n<\/div>\n<\/div>\n
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as you start seeing yourself when you<\/div>\n<\/div>\n<\/div>\n
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start to snowballing your your P&L and a<\/div>\n<\/div>\n<\/div>\n
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trade that’s working I think it’s<\/div>\n<\/div>\n<\/div>\n
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important not to say okay I’m going to<\/div>\n<\/div>\n<\/div>\n
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protect my day now rather it’s you don’t<\/div>\n<\/div>\n<\/div>\n
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have the opposite thought process is how<\/div>\n<\/div>\n<\/div>\n
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can I kind of be using this piano as a<\/div>\n<\/div>\n<\/div>\n
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cushion to be getting bigger on the rest<\/div>\n<\/div>\n<\/div>\n
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of my day is this today where I need to<\/div>\n<\/div>\n<\/div>\n
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have you know two times my biggest day<\/div>\n<\/div>\n<\/div>\n
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\n
or is it this today to having 10 X make<\/div>\n<\/div>\n<\/div>\n
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my biggest day and this party or<\/div>\n<\/div>\n<\/div>\n
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something and I thought me and Armand<\/div>\n<\/div>\n<\/div>\n
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did my trading partner did a good job at<\/div>\n<\/div>\n<\/div>\n
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the<\/div>\n<\/div>\n<\/div>\n
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past a volatility period which is that<\/div>\n<\/div>\n<\/div>\n
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when we notice stocks were really<\/div>\n<\/div>\n<\/div>\n
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getting sold we just sat at the desk and<\/div>\n<\/div>\n<\/div>\n
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we would we would you know work all day<\/div>\n<\/div>\n<\/div>\n
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in a sense right we would watch the<\/div>\n<\/div>\n<\/div>\n
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chart all day for every pattern to<\/div>\n<\/div>\n<\/div>\n
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develop and and and hit every new low<\/div>\n<\/div>\n<\/div>\n
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\n
you know and now obviously if I’m is a<\/div>\n<\/div>\n<\/div>\n
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little bit different or working on being<\/div>\n<\/div>\n<\/div>\n
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far more calm working on technology<\/div>\n<\/div>\n<\/div>\n
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working on models in our spare time and<\/div>\n<\/div>\n<\/div>\n
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after 11:00 a.m. rather which one<\/div>\n<\/div>\n<\/div>\n
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clarified this is a trade that had a<\/div>\n<\/div>\n<\/div>\n
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good reason to break the 52-week low it<\/div>\n<\/div>\n<\/div>\n
\n
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had a fundamental reason it had a big<\/div>\n<\/div>\n<\/div>\n
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\n
our goal I made the 52-week low you’re<\/div>\n<\/div>\n<\/div>\n
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\n
gonna see is pattern a million times in<\/div>\n<\/div>\n<\/div>\n
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fact I saw I guess today in WFC I saw it<\/div>\n<\/div>\n<\/div>\n
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\n
today and see but they didn’t continue<\/div>\n<\/div>\n<\/div>\n
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as clean as this because they don’t<\/div>\n<\/div>\n<\/div>\n
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\n
currently as of right now have the fuel<\/div>\n<\/div>\n<\/div>\n
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\n
to be getting sold all day on new lows<\/div>\n<\/div>\n<\/div>\n
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\n
so I don’t clarify this is not a pattern<\/div>\n<\/div>\n<\/div>\n
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\n
that I would hit today unless the stock<\/div>\n<\/div>\n<\/div>\n
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has a good reason to get sold unless the<\/div>\n<\/div>\n<\/div>\n
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\n
stock has good our ball once there’s a<\/div>\n<\/div>\n<\/div>\n
\n
\n
fundamental story behind it okay so my<\/div>\n<\/div>\n<\/div>\n
\n
\n
next slide is the full day char of NC LH<\/div>\n<\/div>\n<\/div>\n
\n
\n
and after that pop into vo up and after<\/div>\n<\/div>\n<\/div>\n
\n
\n
that break of the 52 week low that<\/div>\n<\/div>\n<\/div>\n
\n
\n
happened on volume and downtrend it the<\/div>\n<\/div>\n<\/div>\n
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\n
rest of the day and you guys basically<\/div>\n<\/div>\n<\/div>\n
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\n
the most important thing to understand<\/div>\n<\/div>\n<\/div>\n
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\n
about these names is when they’re<\/div>\n<\/div>\n<\/div>\n
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\n
breaking the 52 week low with a good<\/div>\n<\/div>\n<\/div>\n
\n
\n
fundamental reason and with all these<\/div>\n<\/div>\n<\/div>\n
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\n
technical factors playing in them<\/div>\n<\/div>\n<\/div>\n
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\n
it’s in my opinion for my trading and my<\/div>\n<\/div>\n<\/div>\n
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\n
trading partners trading incredibly<\/div>\n<\/div>\n<\/div>\n
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\n
important to us to hold a position a<\/div>\n<\/div>\n<\/div>\n
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\n
core position throughout the rest of the<\/div>\n<\/div>\n<\/div>\n
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\n
day we are confident that there’s<\/div>\n<\/div>\n<\/div>\n
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\n
there’s a good chance it will close at<\/div>\n<\/div>\n<\/div>\n
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\n
the low of the day something that we<\/div>\n<\/div>\n<\/div>\n
\n
\n
back tested with our tech and this<\/div>\n<\/div>\n<\/div>\n
\n
\n
someone that we’ve worked on trading<\/div>\n<\/div>\n<\/div>\n
\n
\n
live is when a stock obviously goes into<\/div>\n<\/div>\n<\/div>\n
\n
\n
an uncharted territory or just expands a<\/div>\n<\/div>\n<\/div>\n
\n
\n
daily range or expanse especially a<\/div>\n<\/div>\n<\/div>\n
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\n
yearly arranged or all-time lows<\/div>\n<\/div>\n<\/div>\n
\n
\n
all-time highs that is a spot where you<\/div>\n<\/div>\n<\/div>\n
\n
\n
need to be thinking let me take a little<\/div>\n<\/div>\n<\/div>\n
\n
\n
bit of risk and a little bit goes a long<\/div>\n<\/div>\n<\/div>\n
\n
\n
way with these traits you know and hold<\/div>\n<\/div>\n<\/div>\n
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\n
till the end of the day and sometimes<\/div>\n<\/div>\n<\/div>\n
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\n
even for gap downs if they close<\/div>\n<\/div>\n<\/div>\n
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\n
relatively weak at the bottom 80% of the<\/div>\n<\/div>\n<\/div>\n
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range with more than 120 percent of<\/div>\n<\/div>\n<\/div>\n
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their average daily volume those are<\/div>\n<\/div>\n<\/div>\n
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\n
some key factors right there that that<\/div>\n<\/div>\n<\/div>\n
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will<\/div>\n<\/div>\n<\/div>\n
\n
\n
like to lead to successful overnight and<\/div>\n<\/div>\n<\/div>\n
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\n
is successful all day old<\/div>\n<\/div>\n<\/div>\n
\n
\n
so my next shot max slide will show the<\/div>\n<\/div>\n<\/div>\n
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\n
executions and essentially the only<\/div>\n<\/div>\n<\/div>\n
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thing I think important thing to go over<\/div>\n<\/div>\n<\/div>\n
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here is that on the open I thought<\/div>\n<\/div>\n<\/div>\n
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\n
there’s a chance that sewage could could<\/div>\n<\/div>\n<\/div>\n
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\n
just don’t fight off the open for a<\/div>\n<\/div>\n<\/div>\n
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morning drive<\/div>\n<\/div>\n<\/div>\n
\n
\n
I hit it very quickly when I saw it<\/div>\n<\/div>\n<\/div>\n
\n
\n
starting getting sold I quickly hit out<\/div>\n<\/div>\n<\/div>\n
\n
\n
when it when it came back up again there<\/div>\n<\/div>\n<\/div>\n
\n
\n
was a small wrist trade where I just<\/div>\n<\/div>\n<\/div>\n
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\n
told myself I’m willing I just want to<\/div>\n<\/div>\n<\/div>\n
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\n
be involved say I have a good idea the<\/div>\n<\/div>\n<\/div>\n
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\n
stock should be getting sold and I start<\/div>\n<\/div>\n<\/div>\n
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\n
seeing again so below an inflection<\/div>\n<\/div>\n<\/div>\n
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\n
point I’m not risking a ton on this<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade but this is a trade where we’re<\/div>\n<\/div>\n<\/div>\n
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\n
you know I’m I’m okay taking small risk<\/div>\n<\/div>\n<\/div>\n
\n
\n
with a tight stop I’m expecting the<\/div>\n<\/div>\n<\/div>\n
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stock to drive away from price I don’t<\/div>\n<\/div>\n<\/div>\n
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\n
see that I stopped out no problem I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
still going to stay logical because<\/div>\n<\/div>\n<\/div>\n
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there’s several scenarios that I’ve<\/div>\n<\/div>\n<\/div>\n
\n
\n
planned out for myself<\/div>\n<\/div>\n<\/div>\n
\n
\n
it’s not just the morning drive that<\/div>\n<\/div>\n<\/div>\n
\n
\n
could have happened it could have been a<\/div>\n<\/div>\n<\/div>\n
\n
\n
morning drive it could be a pop I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
going to yesterday’s closed and a<\/div>\n<\/div>\n<\/div>\n
\n
\n
failure it could be consolidation which<\/div>\n<\/div>\n<\/div>\n
\n
\n
is what we saw on this in this<\/div>\n<\/div>\n<\/div>\n
\n
\n
particular scenario so I’m only focused<\/div>\n<\/div>\n<\/div>\n
\n
\n
on this name is something I mean for my<\/div>\n<\/div>\n<\/div>\n
\n
\n
trading partner a good at is focusing on<\/div>\n<\/div>\n<\/div>\n
\n
\n
one or two names maximum I was watching<\/div>\n<\/div>\n<\/div>\n
\n
\n
it very very intently the whole time and<\/div>\n<\/div>\n<\/div>\n
\n
\n
as the consolidation played out we just<\/div>\n<\/div>\n<\/div>\n
\n
\n
waited and waited until we saw a clear<\/div>\n<\/div>\n<\/div>\n
\n
\n
signal which is the one that we talked<\/div>\n<\/div>\n<\/div>\n
\n
\n
about earlier in this in this<\/div>\n<\/div>\n<\/div>\n
\n
\n
presentation you know this was the this<\/div>\n<\/div>\n<\/div>\n
\n
\n
was the moment where I got very very<\/div>\n<\/div>\n<\/div>\n
\n
\n
excited when I saw I braved down from<\/div>\n<\/div>\n<\/div>\n
\n
\n
the consolidation we saw a big fight<\/div>\n<\/div>\n<\/div>\n
\n
\n
between buyers and sellers kind of give<\/div>\n<\/div>\n<\/div>\n
\n
\n
out with with volume and that’s when we<\/div>\n<\/div>\n<\/div>\n
\n
\n
hit it you know pretty you know pretty<\/div>\n<\/div>\n<\/div>\n
\n
\n
big for our for our risk tolerance you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know and and after that it was it was<\/div>\n<\/div>\n<\/div>\n
\n
\n
really just covering into the 52 we<\/div>\n<\/div>\n<\/div>\n
\n
\n
closed covering some momentum size and<\/div>\n<\/div>\n<\/div>\n
\n
\n
then of course restoring the 52 we<\/div>\n<\/div>\n<\/div>\n
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\n
closed when the stock came back in for<\/div>\n<\/div>\n<\/div>\n
\n
\n
the second time and started<\/div>\n<\/div>\n<\/div>\n
\n
\n
consolidating at the lows and then<\/div>\n<\/div>\n<\/div>\n
\n
\n
finally broke that level that was<\/div>\n<\/div>\n<\/div>\n
\n
\n
another key trade that made that made<\/div>\n<\/div>\n<\/div>\n
\n
\n
this one of our biggest trades actually<\/div>\n<\/div>\n<\/div>\n
\n
\n
is is the consolidation that happened at<\/div>\n<\/div>\n<\/div>\n
\n
\n
17 17 dollars to be close again we were<\/div>\n<\/div>\n<\/div>\n
\n
\n
just hitting it on the breakdown of that<\/div>\n<\/div>\n<\/div>\n
\n
\n
$17 level watching the tape there that<\/div>\n<\/div>\n<\/div>\n
\n
\n
was a tape trade and of course I in my<\/div>\n<\/div>\n<\/div>\n
\n
\n
head<\/div>\n<\/div>\n<\/div>\n
\n
\n
I have III have to trade somehow I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
taking there I had my Momo trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
I’m expecting a breakdown of the 50 we<\/div>\n<\/div>\n<\/div>\n
\n
\n
close to go and happen fast and I’m<\/div>\n<\/div>\n<\/div>\n
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\n
looking just get one point out of it<\/div>\n<\/div>\n<\/div>\n
\n
\n
maybe 50 cents even with maybe even a 10<\/div>\n<\/div>\n<\/div>\n
\n
\n
cent stop okay but then I’m also still<\/div>\n<\/div>\n<\/div>\n
\n
\n
cognizant that I have a stop above you<\/div>\n<\/div>\n<\/div>\n
\n
\n
opt for a core position of a trade that<\/div>\n<\/div>\n<\/div>\n
\n
\n
could close below as of the day there<\/div>\n<\/div>\n<\/div>\n
\n
\n
are two separate trades and of course<\/div>\n<\/div>\n<\/div>\n
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\n
the stock set up this name set up in<\/div>\n<\/div>\n<\/div>\n
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\n
such a way that allowed me to take both<\/div>\n<\/div>\n<\/div>\n
\n
\n
positions at the same time the biggest<\/div>\n<\/div>\n<\/div>\n
\n
\n
thing about the review that I wanted to<\/div>\n<\/div>\n<\/div>\n
\n
\n
talk about here was the hold more size<\/div>\n<\/div>\n<\/div>\n
\n
\n
longer on the catalyst that could<\/div>\n<\/div>\n<\/div>\n
\n
\n
trigger institutions to sell the reason<\/div>\n<\/div>\n<\/div>\n
\n
\n
why I bring this up because of course<\/div>\n<\/div>\n<\/div>\n
\n
\n
holding more size longer is not end of<\/div>\n<\/div>\n<\/div>\n
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\n
itself just an improvement it’s how do I<\/div>\n<\/div>\n<\/div>\n
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\n
do that<\/div>\n<\/div>\n<\/div>\n
\n
\n
why how would I know to do that you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
the answer here was we knew that<\/div>\n<\/div>\n<\/div>\n
\n
\n
institutions or likely to sell this name<\/div>\n<\/div>\n<\/div>\n
\n
\n
all day based off key factors 52 we<\/div>\n<\/div>\n<\/div>\n
\n
\n
closed fundamentally nice name couldn’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
go potentially bankrupt and of course<\/div>\n<\/div>\n<\/div>\n
\n
\n
the chart was was showing us the volume<\/div>\n<\/div>\n<\/div>\n
\n
\n
the our ball it’s a dr. s trade when<\/div>\n<\/div>\n<\/div>\n
\n
\n
when you get massive volume at the open<\/div>\n<\/div>\n<\/div>\n
\n
\n
with institution of wine that indicates<\/div>\n<\/div>\n<\/div>\n
\n
\n
you we could have a full-day move and of<\/div>\n<\/div>\n<\/div>\n
\n
\n
course get bigger on names of the<\/div>\n<\/div>\n<\/div>\n
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callous that can fundamentally affect<\/div>\n<\/div>\n<\/div>\n
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their business and this definitely lined<\/div>\n<\/div>\n<\/div>\n
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\n
up to be just that well not no I look<\/div>\n<\/div>\n<\/div>\n
\n
\n
forward in short order to some new guys<\/div>\n<\/div>\n<\/div>\n
\n
\n
coming into the firm and for them to say<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know I was really watching that Nano<\/div>\n<\/div>\n<\/div>\n
\n
\n
I was really watching the way he was<\/div>\n<\/div>\n<\/div>\n
\n
\n
trading XYZ stock and I overlaid all<\/div>\n<\/div>\n<\/div>\n
\n
\n
those executions onto the tape that I<\/div>\n<\/div>\n<\/div>\n
\n
\n
was watching back and now I really<\/div>\n<\/div>\n<\/div>\n
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\n
understand how to trade it I could just<\/div>\n<\/div>\n<\/div>\n
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be like him I hope so<\/div>\n<\/div>\n<\/div>\n
\n
\n
I’m happy to share my my so-called<\/div>\n<\/div>\n<\/div>\n
\n
\n
secrets you know it’s of course the DNA<\/div>\n<\/div>\n<\/div>\n
\n
\n
program the training program that I went<\/div>\n<\/div>\n<\/div>\n
\n
\n
through extensively well you’re up next<\/div>\n<\/div>\n<\/div>\n
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\n
say you’re up night so that’s why you do<\/div>\n<\/div>\n<\/div>\n
\n
\n
that so you say your own accent alright<\/div>\n<\/div>\n<\/div>\n
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\n
appreciate it that out we’ll talk to you<\/div>\n<\/div>\n<\/div>\n
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soon hey go ahead and click our<\/div>\n<\/div>\n<\/div>\n
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subscribe button so you don’t miss any<\/div>\n<\/div>\n<\/div>\n
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of the videos they were producing for<\/div>\n<\/div>\n<\/div>\n
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you and the trading<\/div>\n<\/div>\n<\/div>\n
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and please take the time to add your<\/div>\n<\/div>\n<\/div>\n
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\n
feedback in the comment section for what<\/div>\n<\/div>\n<\/div>\n
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videos you’d like for us to produce next<\/div>\n<\/div>\n<\/div>\n
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and what you found helpful from this<\/div>\n<\/div>\n<\/div>\n
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video from all of us at SMB train and<\/div>\n<\/div>\n<\/div>\n
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trade well<\/div>\n<\/div>\n<\/div>\n
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\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

\"\"<\/a><\/p>\n

* no relevant positions<\/p>\n","protected":false},"excerpt":{"rendered":"

In this video learn how to copy the masters so you become one. 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